Summary of Non-Employee Director Compensation
EX-10.1 2 dex101.htm SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION Summary of Non-Employee Director Compensation
Exhibit 10.1
Summary of Non-Employee Director Compensation
Cash Compensation
| Annual Retainer: | $ | 25,000 | |
| Annual Committee Fees: | |||
| Audit Committee Chair | $ | 5,000 | |
| Compensation Committee Chair | $ | 1,000 | |
| Meeting Fees: | |||
| Special Board Meetings | $ | 1,000 | |
| Committee Meetings | $ | 1,000 | |
Equity Compensation
Each year, non-employee directors will receive an award of restricted units equal to $25,000 in value. Subject to limits in the Inergy Long Term Incentive Plan, the board has the discretion to determine the form and terms of such awards to non-employee directors.
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